“If we are going to create a financial system that works for all Americans, we have got to stop financial institutions from ripping off the American people by charging sky-high interest rates and outrageous fees. In my view, it is unacceptable that Americans are paying a $4 or $5 fee each time they go to the ATM. It is unacceptable that millions of Americans are paying credit card interest rates of 20 or 30 percent. The Bible has a term for this practice. It’s called usury. And in The Divine Comedy, Dante reserved a special place in the Seventh Circle of Hell for those who charged people usurious interest rates. Today, we don’t need the hellfire and the pitch forks, we don’t need the rivers of boiling blood, but we do need a national usury law.”
Quote by Bernie Sanders
Work
Our Revolution: A Future to Believe in
This book explores the possibilities for societal transformation and the optimism surrounding the future. more
Author
Bernie Sanders
Bernie Sanders is an American politician who has served as the senior United States Senator from Vermont since 2007. A member of the Democratic Party, he is known for his progressive policies and has been a vocal advocate for social justice, healthcare reform, and environmental protection throughout his career. more
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